Fisher Asset Management LLC Decreases Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Fisher Asset Management LLC reduced its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 67.9% during the second quarter, HoldingsChannel reports. The fund owned 6,710 shares of the company’s stock after selling 14,188 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $354,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Money Design Co. Ltd. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 89.3% in the second quarter. Money Design Co. Ltd. now owns 1,266,732 shares of the company’s stock worth $66,833,000 after purchasing an additional 597,669 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% during the 1st quarter. Ameriprise Financial Inc. now owns 13,777,629 shares of the company’s stock valued at $729,411,000 after buying an additional 511,064 shares in the last quarter. Parkside Investments LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% in the 2nd quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock worth $69,648,000 after buying an additional 275,996 shares during the period. Keystone Global Partners LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% in the 2nd quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock valued at $27,000 after buying an additional 271,286 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $7,792,000. 76.06% of the stock is owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of IGSB stock opened at $52.86 on Monday. The company’s fifty day simple moving average is $52.97 and its two-hundred day simple moving average is $52.77. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $51.39 and a 1 year high of $53.18.

iShares 1-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were paid a dividend of $0.2042 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, December 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

iShares 1-5 Year Investment Grade Corporate Bond ETF Profile

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.